Premium New development

15 Bed Villa for sale

Cap Estate, St Lucia

£4,994,237 *  [$6,500,000]

15 Bed Villa for sale

Cap Estate, St Lucia

£4,994,237 *  [$6,500,000]

Property Details


  • Bedrooms: 15
  • Bathrooms: 0
  • Plot size: 4.08 m2

Features


  • SWIMMING POOL
  • SEA VIEW
  • GATED
  • GARDEN
  • INCOME GENERATING

Full Description


This development is only partly constructed but has full DCA approval to complete the project. Total land area is 4.08 acres (i.e. 212,000 square feet) of land (normal price of residential land in this location is $10 usd a square foot).

Fully constructed seven unit block, comprised of two X one bedroom and two X two bedroom condos and 3 X two bedroom townhouses with plunge pools There is development control approval for two additional seven unit blocks with a communal pool.

These are not yet constructed but will make use of the 2.5 acres not yet developed. In addition there are 2 X Three bedroom Villas to be completed. One Villa is approximately 75% complete and one is 40% completed. Both need kitchen and bathroom fittings installing.

Rental on a nightly basis as tourism vacation rental.

One bedroom condo $100usd to $195 usd a night

Two bedroom condo $150 usd to $250 usd per night

Three bedroom condo $195 to $295 usd per night

Villa rentals $295 to $395 usd per night

Projected annual income when the full development is completed, based on 60% occupancy $1,750,000usd.

Asking price $5,800,000 usd

Estimations from local builders can be obtained for completion of the full project.

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Map may not show exact location

This property listing (ref: CAP118) is an advertisement supplied by St Lucia Homes and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8321 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.